# Summit Golf Brands INC. 401(k) Plan
Source: https://planprovider.pro/companies/summit-golf-brands-inc-401k-plan

> Summit Golf Brands INC.&#39;s 401(k) plan: 138 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Summit Golf Brands INC.

- **Sponsor EIN:** 980426349

- **Sponsor Address:** FOUR CORPORATE DRIVE, SHELTON, CT, 06484

- **Plan Type:** 401(k)

- **Total Participants:** 138

- **Total Assets:** $5.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|138|$5.7M|$278,670|$801,601|

| 2023|144|$4.6M|$242,683|$735,633|

| 2022|185|$3.1M|$38,982|$433,220|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| FIORITA KORNHAAS AND COMPANY PC|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$2,985|—|$2,985|—|—|

| 2023|$5,117|—|$5,117|—|—|

| 2022|—|—|—|—|—|

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